Airwallex Singapore is the Singapore-market offering of the Airwallex financial platform: a multi-currency business account combined with FX and transfers, corporate cards and spend management, online payment acceptance, and billing.
Airwallex Singapore is the Singapore-market offering of the Airwallex financial platform: a multi-currency business account combined with FX and transfers, corporate cards and spend management, online payment acceptance, and billing.
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It is aimed at Singapore businesses that trade, hire or source across borders and want to hold, move and spend money in multiple currencies without opening local entities abroad.
It is a MAS-licensed payment institution rather than a bank.
Best for
Singapore businesses that trade, hire or source internationally and want multi-currency accounts, cross-border transfers to 200+ countries, corporate cards, payment acceptance and billing in one platform.
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Also suited to platforms and marketplaces that want to embed financial products via Airwallex APIs.
Pricing
Airwallex earns through monthly subscription plans charged per business legal entity (Explore, Grow and Accelerate) plus transaction fees on FX, transfers and payment processing.
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The pricing page reviewed does not show the dollar amount of each monthly plan fee, so that figure is unknown and must be
Main limitation
Buyers who need a full retail banking relationship or deposit insurance, since Airwallex is an MPI-licensed payments institution and customer funds are safeguarded rather than held as bank deposits.
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Also a poor fit for teams wanting a single flat fee, because plan fees sit on top of FX, transfer, payment-processing and Yield fees.
Airwallex Singapore is the Singapore-market offering of the Airwallex financial platform: a multi-currency business account combined with FX and transfers, corporate cards and spend management, online payment acceptance, and billing.
It is aimed at Singapore businesses that trade, hire or source across borders and want to hold, move and spend money in multiple currencies without opening local entities abroad.
It is a MAS-licensed payment institution rather than a bank.